Acronyms

The following is a list of acronyms used in the AuctionX Gitbook.

3D Three-dimensional

API Application programming interface

APR Annual percentage rate

AUX AuctionX

auXm AuctionX infrastructure layer

AAM AuctionX auction model

B2B Business-to-business

B2C Business-to-consumer

BSC Binance smart chain

BTC Bitcoin

C2C Consumer-to-consumer

CAGR Compound annual growth rate

CMC CoinMarketCap

D2C Direct to customer

dApp Decentralised application

DeFi Decentralised finance

DeX Decentralised exchange

ETH Ethereum

emX AuctionX protocol for embedded auctions

ICO Initial coin offering

IDO Initial DeX offering

IoT Internet of Things

IPO Initial public offering

ITO Initial token offering

LDE Luck-dominant engagement

LLC Limited liability company

LP Liquidity provider

MVP Minimum viable product

NFT Non-fungible token

POC Proof of concept

PR Public relations

TDE Token distribution event

VRF Verifiable random function

USDC USD coin

USDT USD tether